Comments on: $8000 First-Time Homebuyer Tax Credit explained

By: Anilia Joseph

Anilia Joseph — Wed, 02 Nov 2011 02:52:59 +0000

Hi, fist time homme buyer if I have a contrat before april 30 2010 do I qualify for $80000

By: Magento shops

Magento shops — Sat, 27 Aug 2011 09:07:36 +0000

I glad i’m living in the Netherlands!! No complaining here!!

By: frustrated

frustrated — Tue, 16 Aug 2011 09:13:17 +0000

me and my then wife bought a house in september of 09 since we have divorced we are planning to rent the house out not bieng in the house for 36 mounths i relize we have to pay the money back will we have the option to make payments of 500 out of our tax return or do we owe it all back at once

By: george

george — Thu, 26 May 2011 19:07:16 +0000

How would the IRS find out if I do not live in the house for 3 years? I plan on renting my house soon.

By: magento

magento — Mon, 18 Apr 2011 19:54:49 +0000

Do you know if it’s possible i apply for the $12000 tax credit before i have the house i want to buy picked out?

By: jessica

jessica — Thu, 17 Mar 2011 21:13:21 +0000

I signed into a binding contract for my first home on May 1 2010. And closed on July the 6th 2010. Do I still qualify for the first time home buyers credit?

By: Stephannie

Stephannie — Sat, 22 Jan 2011 04:46:17 +0000

My husband and I bought our home in October 2009 and we are still currently waiting for our $8,000 have yet to see it. Filled out all correct paperwork and yet now money. So I will belive it when I see it.

By: Peter

Peter — Sat, 04 Dec 2010 21:33:48 +0000

I purchased my home in 2008 and took the $7500 15 year interest free loan from the IRS which I start to pay back $500 per year in 2011. I have moved states from the house I purchased for job reasons but my house that I took the loans on has still not sold to date. Do I need to pay the full $7500 loan back to the IRS has I still own the house that I took the $7500 loan on but is not my full time place of residence?

By: Sandi

Sandi — Wed, 20 Oct 2010 19:39:34 +0000

Well, ya got to love the IRS. I was just now finally informed after they have been working on my tax return for 8 months that our land contract is “disqualified” unless we can prove that it is a true Land Contract. Hmmmm well let me see…it says that it is a land contract, and it was signed in front of a notary. I am not sure what else they want us to submit to them. We have to show proof apparently that we maintain insurance on the home. ok we can do that. but then they are asking for a couple other things that I have never even heard of. I am totally stressed over this.

By: $8000 Homebuyer’s Tax Credit Not Extended

$8000 Homebuyer’s Tax Credit Not Extended — Tue, 29 Jun 2010 15:56:18 +0000

[...] is a tricky one. I got to take advantage of the $8000 tax credit for home buyers when it was first issued. Although I wasn’t going to turn down the $8000 tax credit that the [...]